1 25 points Skipped eBook Hint Pont References Salud Company reports the following information. Selected Annual Income Statement Data Net income Depreciation expense Gain on sale of machinery Selected Year-End Balance Sheet Data $435,008 Accounts receivable increase 95,000 Prepaid expenses decrease 24,500 Accounts payable increase Wages payable decrease $45,200 12,000 8,000 2,500 Use the indirect method to prepare the operating activities section of its statement of cash flows for the year ended December 31. (Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows (partial) Cash flows from operating activities Adjustments to reconcile net income to operating cash flow Prey 1 of 4 Next>